Is Kingston, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingston is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kingston was a Neutral Market.

Key Takeaway

Kingston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kingston, IL

How much do homes in Kingston, IL cost?

Median Sold Price

$282,000

$147/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$5,000(-1.7%)

Key Takeaway

Homes in Kingston have sold for 1.7% less than they did a month ago.

Summary: The median home sold price in Kingston was $282,000 in May 2024, down 1.7% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $287K$284.7K
-0.8%
4 -$230K
N/A
5+ --
N/A

Summary: Kingston housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kingston, IL

How many homes are available in Kingston, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
69+50.0%

Summary: The Kingston real estate market had 9 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 34
+33.3%
5+ 00
0.0%

Summary: The Kingston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingston, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Kingston in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Kingston, IL

How long does it take to sell a home in Kingston, IL?

Average Sale Time

Apr 2024May 2024CHANGE
5 Days6 Days+33.3%

Summary: Homes in Kingston had an average of 6 days on market in May 2024, up by 33.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kingston are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Kingston; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Kingston, IL

Nearby Markets to Kingston, IL

What housing markets are near Kingston, IL?